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Results (1211)
Joel Miller House flip tax question
31 July 2020 | 4 replies

Hey everybody, I’m working on my first deal with is a house flip and I’m wondering if I’d be better off keeping it a year due to tax implications. To the people that have done flips out there...don’t I have to pay sel...

Jason Henning Denver Airbnb STR License - register as business or personal?
21 November 2019 | 7 replies

We're starting the process for getting our Airbnb going, so we need to jump through Denver's hoops. Out of the gate I have a question... Do we register for the Lodger's Tax ID License, STR Business License, etc. as a...

Clint Worland capital gains tax on my short term flip?
7 June 2014 | 17 replies

Good Evening. I live in San Diego CA and i am about to sell my third flip this year.

My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...

Tom Server Making a Counteroffer After a Home Inspection
16 October 2023 | 9 replies

I'm in the middle of purchasing a older property. Its a duplex with a detached 3 car garage with an apartment on top.. so 3 doors... 
The home is 102 years old. Seller was selling it for 290k, He settled for 250k.
I...

Paul T. All my REIs are in an LLC! Why am I being personally sued?
22 February 2023 | 5 replies

LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...

Eric Munoz Business Formation Survey
29 January 2014 | 6 replies

Hello My Name is Eric and I am going to invest in rental real estate but I need to know what type of entity to form. I believe I know the legal end of it which is to protect my assets, I think I need more help on t...

Precious Thompson Two year W2 for Mortgage
13 May 2019 | 5 replies

I read an article that stated two year W2 income is becoming less important then in past is this a myth or doesn’t it depends on the bank?

Matthew Fragassi Rental property with a pool
30 June 2015 | 12 replies

I found what seems to a great deal for a potential rental property here in my home town. The only thing is that the house as an in-ground pool in the yard.

If anyone could give me some advice on the advantages and d...

Matthew Hicks Question on capital gains treatment
12 March 2013 | 16 replies

Hi everyone. I have a home that I purchased in 2010 for 25k. I'm just now renovating it and it will be finished in a month. If I sell it in 2013, will it qualify for short or long term capital gains? I've owned th...

Jack Tucker Found deal (I think), now the $$ finds me? 1st "Fast" Flip. HELP!
5 December 2013 | 13 replies

Existing rental property rehab, buy-and-hold guy wanting to get into flipping. I'm an BP podcast graduate. I keep hearing the advice to focus on finding the good deals and then the money will come.

Question...